CapitaLand Investment stock jumps again on SGX as rate bets lift property names into results season
CapitaLand Investment shares rose 1.7% to S$3.05 in Singapore Friday afternoon, near recent highs, as investors returned to property stocks ahead of earnings season. The company will report results on Feb. 11. Trading volumes increased, but no new company updates were released. Market watchers expect Singapore REITs to benefit if interest rates fall.